Back in 1991, a left-wing friend expressed his frustration that “really existing socialism” was crumbling, with exaltations of how it had propelled the Soviet Union from the plough to Sputnik in a decade. I remember replying, under his pained and disapproving gaze: “So, what? No unsustainable system can be, ultimately, sustained.” Now that globalization is also […]
Yanis Varoufakis, former finance minister of Greece and author of “Adults in the Room: My Battle with the European and American Deep Establishment,” explains that the rise of Donald Trump and the alt-right is a symptom of the failure of the establishment and liberal capitalism. Following is a transcript of the video. Yanis Varoufakis: My name is Yanis […]
We speak with former Greek Finance Minister Yanis Varoufakis about the rise of the far-right Golden Dawn party in his country and how their policies “have infiltrated the mainstream” in European politics, including anti-immigrant measures similar to those proposed by Trump. Varoufakis says Trump’s vow to crack down on immigration after the attack in New […]
President Trump and House Republicans have unveiled their long-promised proposal to reform America’s tax code, with Trump calling it a “big, beautiful Christmas present” for the American people. Critics say the gift is a tax cut for the richest Americans. We discuss the proposal with economist and former Greek Finance Minister Yanis Varoufakis, who argues, […]
As the White House finally agrees to release FEMAdisaster aid with more flexibility to try to help rebuild Puerto Rico’s devastated power grid and other infrastructure, we speak with economist Yanis Varoufakis, former Greek finance minister, about the history of the island’s debt crisis and what to do as it recovers from Hurricane Maria.
A few days ago I received an email from the Guardian: “We’re putting a panel together of writers and thinkers following the announcement that Jeremy Corbyn is planning to relaunch his image and policies as a leftwing populist. We are asking for 300 words in response to the question, “What should Corbyn’s leftwing populism look […]
On 4th December 2016 I delivered the keynote at the RiskMinds International risk management conference in Amsterdam. A summary of my talk, compiled by the organisers, follows.